Detailed analysis of ITAT Delhi’s decision in the case of Tourism Finance Corporation of India Ltd. vs. ACIT regarding the allowability of expenditure for business expansion.
Analysis of ITAT Chennai’s decision in Smt. Saraniyaa Karthick vs. ITO regarding the estimation of addition on account of cash deposits during the demonetization period.
Analysis of CESTAT Ahmedabad’s order on the exemption claim for Rent-a-Cab services provided in SEZ, emphasizing the need for supporting invoices.
Analysis of ITAT Chandigarh’s ruling on service of notice in income tax cases, emphasizing the importance of proper notification to taxpayers.
Delhi High Court’s order on the illegal seizure of cash by GST authorities, emphasizing immediate release and potential refund. Case analysis and conclusions.
Learn about the Delhi High Court’s judgment on GST registration cancellation, reasons, and implications. Green Polymers vs. Union of India & Ors case analysis.
Supreme Court stays Karnataka HC’s judgment quashing Rs.21,000 Crore GST notice issued to Gameskraft Technologies. Analysis of the case and implications.
In a landmark decision, ITAT Delhi rules no penalty under 271(1)(c) for a bonafide assessee who revised and added interest income. Analysis of Pramila Tarneja Vs DCIT case.
CESTAT Chandigarh rules on penalty in CCE-Jammu Vs. Khyber Industries (P) Ltd. Detailed analysis of mens rea requirement under Rule 25 of Central Excise Rules.
RBI’s latest circular introduces a Data Quality Index (DQI) for Commercial and Microfinance segments, aiming to assess data quality in financial sector.